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Elvis Andrus is set to stay with the Texas Rangers for as long as another decade.

The Rangers called a news conference Thursday afternoon to announce the new contract that the two-time All-Star shortstop agreed to earlier this week.

Andrus is guaranteed $120 million over an additional eight seasons through 2022 with the Rangers. The deal includes a vesting option for 2023.

With the two years left on his current deal at more than $11.2 million, Andrus would earn more than $131 million over 10 seasons.

The 24-year-old Andrus is already in his fifth major league season. He was part of the only two World Series appearances in Rangers history.

Andrus gets a $2 million signing bonus with the new deal that includes the opportunity for him to opt out and become a free agent after the 2018 season, soon after he turns 30 years old. He could also exercise that option after 2019 if still with the Rangers then.

Texas now has both of its All-Star middle infielders under contract through at least 2017.

Second baseman Ian Kinsler, a three-time All-Star, is signed through 2017 with a club option for 2018.

The Rangers acquired Andrus from Atlanta in the July 2007 trade for that sent Mark Teixeira to the Braves. Texas also got in that deal left-hander Matt Harrison, an 18-game winner and All-Star last year who started the season opener Sunday, and hard-throwing Neftali Feliz.

Andrus hit a career-best .286 in 158 games last season. After his 25 errors in 2011 that were the second-highest total for a shortstop, Andrus had only 16 last season while playing 10 more games in the field.